Higher Education Financing in Guinea
The World Bank’s Country Partnership Strategy (CPS) for Guinea in FY 2014-17 confirmed the Government’s priority to build 21st century skills for improved employability and to implement systemic reforms. Guinea is emerging from years of political a...
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| Format: | Report |
| Language: | English en_US |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/687021497589713137/Higher-education-financing-in-Guinea http://hdl.handle.net/10986/28054 |
| Summary: | The World Bank’s Country Partnership
Strategy (CPS) for Guinea in FY 2014-17 confirmed the
Government’s priority to build 21st century skills for
improved employability and to implement systemic reforms.
Guinea is emerging from years of political and economic
isolation and instability. The democratic election of
President Alpha Condé has opened the door for the
international donor community, including the World Bank, to
come forward and support the new government. Its important
reform agenda, PREMA, has helped restore the confidence of
the international community. The World Bank will partner
with the Government of Guinea to develop systems that will
‘improve lagging human development indicators for absolute
poverty reduction, through more efficient and transparent
allocation of resources, and to build shared prosperity by
aligning the business environment and education system with
Guinea’s economy’ (World Bank, 2013, pp. 1). This is in line
with the government’s priorities, as per the Third National
Poverty Reduction Strategy Paper (PRSP3) approved in 2013.
The PRSP3 aims to reduce poverty and to create and sustain a
vibrant private economy by maximizing rents from Guinea’s
substantial mining sector. The Bank supports the
Government’s agenda on improving human capital by: (a)
promoting both the quantity and quality of education and (b)
upgrading skills for the needs of emerging and
export-oriented sectors such as agriculture, tourism,
mining, and telecommunications and Information and
Communications Technology (ICT). In 2012, the Government
requested special support from the Bank in the form of
technical assistance to conduct an analysis of the higher
education system. This analysis will be used to prepare a
comprehensive higher education strategy to meet the needs of
both the economy and the labor market. Since the early
2000s, the Bank had limited involvement in this critical
sub-sector. Per the Government’s request, the Bank mobilized
resources to engage in policy and analytical work in the
areas of governance, financing, and diagnostic of skills
demand and supply from a new employer survey prepared
specifically under this technical assistance project. |
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